The Toronto Maple Leafs are in a financial tight spot heading into the next NHL season, ranking 24th in salary cap health. While former GM Brad Treliving signed players at market value (no bargains), current GM John Chayka’s moves have backfired—locking in costly contracts like those of Teddy Blueger and Sergei Bobrovsky, plus handing out excessive no-trade clauses. Compounding the issue, they’re over the cap and facing Auston Matthews’ looming contract renewal. On-ice progress masks a messy financial rebuild.
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